Tesla Sues Sweden, Shein Plans IPO, and Forbes 30 Under 30 List Released

In a day of major business developments, Tesla takes legal action against the Swedish government, online retailer Shein prepares for a public listing, and Forbes unveils its annual list of young entrepreneurs and influencers.

• Tesla has filed two lawsuits against the Swedish government, alleging an 'unlawful discriminatory attack' after striking workers blocked the delivery of license plates for new vehicles manufactured by the company.
• Chinese electric vehicle giant BYD is being touted as a wiser investment than Tesla by Bernstein analysts, despite Tesla's massive stock rally and a year-to-date decline in earnings.
• Online fashion retailer Shein has made a confidential filing to go public on the U.S. stock market, targeting a $90 billion valuation.
• Kendall Jenner has launched her premium tequila brand, 818, which has already won 16 awards across six competitions.
• The Forbes 30 Under 30 list for 2024 has been released, featuring young entrepreneurs and influencers in various industries.

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